RBL Bank personal loan is one of the best financial solutions for individuals seeking to manage unforeseen expenses. You can get a personal loan for education, weddings, medical emergencies, home renovation, or travel. RBL Bank personal loans can offer the flexibility and quick access to funds you need. The entire loan application process can be completed online, from the comfort of your home. RBL personal loan online apply option is available and the steps involved are easy and quick.
Table of contents
RBL Personal Loan Online Apply: Steps Involved
You can apply for a personal loan from RBL Bank through their official website. If you are unable to access the Internet, you can apply for a loan by visiting the nearest branch of the bank. Check the steps below to apply for an RBL Bank personal loan:
- Visit the official website of RBL Bank
- Go to the personal banking section and click on the personal loan option
- Check the features of the loan and then click on ‘Quick Links’
- Click on ‘Application Form’ and fill out the form
- Submit the personal loan application form along with the documents
- Wait for the bank to verify the documents
- The loan will be approved and the amount will be credited to your bank account
Also Read: Planning to study abroad with student loan? Check here all about RBL Bank education loan to study abroad.
Documents Required for RBL Bank Personal Loan
Documents required for RBL Bank personal loan must be submitted properly. Any error may lead to loan rejection. The documents must be self-attested or attested by a gazetted officer of the state or central government (as per the requirement stated by the bank). Check the details of documents required for the RBL Bank personal loan below:
Identity Proof
- Aadhar card
- Passport
- Voter ID
- Driving license
Address Proof
- Utility bills (electricity, water, etc.)
- Passport
- Rental agreement
Income Proof
- Salary slips for the last 3 months (for salaried individuals)
- Bank statements for the last 6 months
- Income tax return (ITR) for the last 2 years (for self-employed individuals)
- Profit and loss statement (for self-employed individuals)
Employment Proof
- Employee ID card
- Offer letter or appointment letter
Note: It’s advisable to check RBL Bank’s official website for any specific requirements or updates regarding the document list. They may vary based on individual profiles and changes in bank policies.
Also Read: Check here all about RBL Bank Forex card and manage expenses properly abroad.
Overview of RBL Bank Personal Loan
RBL Bank offers personal loans with flexible repayment options. You can use the loan amount for various financial needs such as medical emergencies, weddings, or travel. RBL Bank is known for quick approval and minimal documentation for personal loans. The borrowers can avail loans up to INR 5 lakhs, subject to eligibility. RBL Bank personal loan interest rate starts from 18% per annum and the repayment period can extend up to 5 years.
RBL bank personal loans can be availed easily if you have a stable monthly income and a good credit score. Check all the features of the loan before applying.
FAQs
You can apply for a loan amount ranging from INR 30,000 to INR 5,00,000. The approval will be given by the bank depending on your eligibility, financial needs and income.
RBL Bank offers flexible repayment tenures ranging from 12 to 36 months which allow you to choose a repayment plan that fits your financial situation.
No, RBL Bank personal loans are unsecured. You do not need to provide any collateral or security to avail the loan.
RBL Bank has a simplified and quick documentation process. With proper documentation, you can get fast loan approval and disbursal, often within a few working days.
The documents required include proof of identity, proof of address, proof of income, and bank statements. The exact requirements may vary based on the applicant’s profile.
To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.
Follow Us on Social Media
